The government of Ethiopia intends to impose 15% value added tax (VAT) on fuel sales. The government made this announcement in the draft budget submitted to the House of People’s Representatives. The government plans to collect more than 3 billion birr from the value-added tax levied on fuel and fuel products. It is also expected…
Ethiopian Prime Minister, on Tuesday, blamed wealthy businessmen for igniting armed conflicts in the country. The Prime Minister held a meeting with the business community yesterday. Businessmen from across Ethiopia attended. He blamed wealthy people for 60% peace related problems in Ethiopia. He accusing rich businessmen of funding armed groups. PM Abiy Ahmed said government…
Ethiopian Government is considering imposition of tax on non residents who distribute digital media content while being in Ethiopia. A draft income tax amendment bill has been tabled at the Ethiopian House of People’s Representatives (HoPR). If the draft is approved, individuals in Ethiopia with non resident status will have to pay tax on digital…
Ethiopian opposition politicians on Saturday held an unprecedented virtual discussion. The discussion was aimed at forming a broad political alliance against the ruling Prosperity Party. Next General Election is expected to be held in mid 2026 in Ethiopia. Saturday’s virtual program was attended by Jawar Mohammed Oromo Federal Congress Deputy Chairman (from Oromia region), Gedu…
Ethiopia: TPLF has written another letter to diplomatic missions and international partners, urging them to intervene. TPLF is involved in a stand off with the Ethiopian federal government. The letter was written on June 5, 2025. The letter outlines urgent diplomatic priorities, critical concerns, and evolving dynamics that require immediate and sustained international attention. It…
Ethiopian Politician Taye Dendea has been arrested again. He has been arrested twice in the last 18 months. Taye Dandea is a senior leader of ruling Prosperity Party. He is from the Oromia region. He is very critical of Ethiopian Prime Minister Abiy Ahmed and Prosperity Party Oromia branch. He was initially arrested in December…
Keria Ibrahim has joined newly formed Solidarity Party. The party is led by Getahew Reda, State Minister and Advisor to Prime Minister on East Africa Affairs. Both Keria Ibrahim and Getachew Reda were expelled from Tigray People’s Liberation Front (TPLF). Keria,who served as Speaker of House of Federation (2018-2020), was removed from TPLF in February…
American Citibank is in talks to enter the banking sector in Ethiopia. Citibank was founded in 1812 as City Bank of New York. Now it has branches in 19 countries. Citibank has no physical presence in Ethiopia until now. However it has been financing deals with Ethiopian Airlines. It has been a major player in…
The blockade of Tigray region of Ethiopia has been partially lifted. It was lifted after talks between Tigray President & Ethiopian Federal Police Chief. For several days, the movement of trucks was being restricted from the Amhara and Afar regions towards Tigray. Federal Police had set up checkpoints in the two regional states bordering Tigray….